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Finance

Korean asset managers adjust ETF inclusion schedules ahead of SpaceX listing

South Korea\'s space-themed exchange-traded funds have repeatedly adjusted their plans to include SpaceX ahead of its expected Nasdaq listing. Strong expectations around the listing have drawn large inflows into related ETFs, but managers have changed inclusion and disclosure schedules close to the debut. Some funds plan to add exposure two trading days after listing rather than on the day itself. Investors are being urged to check actual inclusion timing, weights and volatility risks.

Games & Commerce

Kakao Games eyes turnaround with management shake-up and new game push ahead of new top shareholder

Kakao Games is moving to replace its management ahead of a change in its largest shareholder from Kakao to an investment vehicle funded by Line Yahoo. The company plans to appoint two internal directors who are expected to become co-CEOs and to name a non-executive director from Petrico Partners. It also outlined five new game releases from the third quarter through year-end as it seeks a turnaround after six consecutive quarterly losses.

AI & Enterprise

South Korea, Italy discuss science and technology cooperation in AI, climate and bio

South Korea and Italy will expand science and technology cooperation centred on three areas: artificial intelligence, climate change and bio, South Korea\'s Ministry of Science and ICT said. The two countries held the 13th Korea-Italy Joint Committee on Science and Technology in Rome with Italy\'s Ministry of Foreign Affairs and International Cooperation. They reviewed outcomes from joint bio and chemistry research, discussed future agendas including physical AI semiconductors and climate-response crops, and explored broader cooperation on brain disease research. The next meeting will be held in Seoul.